Technical
Financial
Distress signals
Property profile

1040 5th Ave Des Moines, IA 50314

OFF-MARKET
Parking lots & garages
Property ID
US25-2422802
61,440 SF 1.83 ac lot Built 2018
Individually Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2018
Construction CONCRETE
Total area 61,440 SF
Lot 1.83 ac (79,802 SF)
APN 030/04241-009-003
UPID US25-2422802

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1040 5th Ave Des Moines, IA 50314-2602
Des Moines metro Census 4900 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
by Request
Comparable Approach Comparable
$894k
Blend (final) Blend
$805k

Owner & transaction history

since 2010
2 recorded transactions
2010
$715,000
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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